Key spend analytics insights afford higher education procurement teams more strategic decision-making, higher visibility into suppliers, and consolidation of resources for a competitive advantage. In a time when education costs have skyrocketed to astronomical proportions, CPOs have a unique opportunity to contribute strategically to optimizing and streamlining operational costs for their universities and colleges. And […]

JAGGAER understands the traditional roadblocks to spend management and how important it is to gain insight into operational ineffectiveness in order to improve your sourcing success. A spend analysis allows you to do just that, but it’s no simple matter. Here, Brett Cornell, VP of Value Consulting for JAGGAER, answers some of the most common […]

It’s true! Spend analysis can help you identify and realize hidden cost savings, optimize your supply base, and reduce risk. But how do you know your organization is ready and able to leverage this technology to its fullest? Recently, Brett Cornell, VP of Value Consulting for JAGGAER, and Vince Patriarco, Executive Director of E&I Consulting […]

Whether it is conducting a simple spend analysis, developing savings strategies or building your sourcing roadmap, automated spend analysis will provide information crucial to the success of your business. If you’re looking for inspiration to get your automated spend analysis started – or finished – you’ve come to the right place. 1. “The price of […]

It’s easy to be seduced by Spend Analytics and the promise of a complete and accurate view of your spend. The data! The insights! The information-based decisions that will follow – and the savings that will flow! Make no mistake: these are all legit promises. But achieving them requires building a rock-solid foundation for your […]

In 2014, when Vulcan Materials Company was looking or a solution to classify and consolidate data from different payment sources, from PCards to purchase orders, the company chose Spend Radar. Vulcan Materials Company is the nation’s largest producer of construction aggregates. Spend Radar is a turnkey solution that provides the comprehensive analysis necessary to drive […]

From computers and software to basic office supplies or widgets, organizations have a wide array of goods and services they need to purchase to support their business. While procurement professionals make it easier for users to purchase these items, sourcing’s job is more than just getting the best price and then buying “stuff.” It’s an […]

“You don’t know what you don’t know.” It’s an old adage, yet so many of us in procurement and sourcing don’t stop to ask the question and investigate – where are we spending our money? As Ardent Partners’ The State of Strategic Sourcing 2015 report states: “The vast majority of sourcing professionals know that having […]